Abu Dhabi Investment Authority acquires a 3% stake in Meril for $200 million, valuing the Gujarat-based medical devices maker at $6.6 billion. The deal is pending approval from CCI
India's real estate sector saw a 42 per cent Y-o-Y fall in institutional investment in Q2 2025, even as foreign inflows surged 242 per cent sequentially
After completion of inclusion process of domestic government securities in JP Morgan Indices on March 31, 2025, FPIs have net sold ₹31,262 crore worth of FAR securities so far
PayU India reorganises payments business, tightens credit underwriting
British Council's India Education Director says UK colleges looking to offer diverse courses in centres such as Delhi NCR, Mumbai and Bengaluru
May sees Rs 20,996 crore in foreign corporate bond investments, led by SP Group's $3.35 billion issue; RBI's relaxed norms add to momentum
On Tuesday, FPIs were net sellers to the tune of ₹2,854 crore, while domestic institutional investors (DIIs) bought shares worth ₹5,908 crore
Net FDI fell sharply due to higher repatriation and outward investments even as gross inflows rose 13.7% to $81 bn with 60% of flows going to four key sectors
The average daily notional turnover for futures and options climbed to ₹229 trillion ($2.7 trillion) in April on the National Stock Exchange, according to data on the bourse's website
As the country seeks to shift away from coal, it is seeking to supplement wind and solar with atomic energy to meet high night-time energy demand
Finance Minister Nirmala Sitharaman met several senior executives and business leaders in San Francisco and discussed bilateral areas of cooperation in sectors such as technology, artificial intelligence, energy and digital infrastructure as well as opportunities to enhance investment collaboration between India and the US. Sitharaman arrived in San Francisco Sunday as she began her 11-day trip to the US and Peru with an interaction with the Indian diaspora in the Californian city. On Monday, she held several meetings with business leaders and corporate executives. The minister met Silicon Valley venture capital firm a16z General Partner Anjney Midha and technology company VMware Chief Executive Officer Raghu Raghuram in San Francisco. She discussed the remarkable transformation in technology space driven by Prime Minister Narendra Modi's leadership and suggested that a16z and VMware "may like to explore collaboration across sectors" within the domain of AI including in education,
Finance Minister Nirmala Sitharaman on Friday urged Austrian companies to invest in India as it offers many opportunities in new and emerging sectors. Addressing the India-Austria business roundtable in the capital city Vienna, she said Austrian companies should harness many opportunities that India offers as the country has made tremendous progress as a result of the government's efforts in accelerating economic growth and equity as well as reforms to ensure the ease of doing business. "I also highlighted emerging opportunities in new and emerging sectors such as green hydrogen, electric vehicles, digital public infrastructure and innovation. India is an excellent gateway to Asia and the global south," she said. Overall, she said, the prospects for a stronger India-Austria, economic and commercial partnership are very bright. Stressing that India has the manufacturing base and scale, she said, several Austrian companies have set up capability centres in India to leverage the ...
The government has clarified that an Indian company engaged in a sector where FDI is prohibited can issue bonus shares to its pre-existing foreign shareholders, provided there is no change in the shareholding pattern. The issuance of bonus shares must comply with the applicable rules, laws, regulations and guidelines, the Department for Promotion of Industry and Internal Trade (DPIIT) said. "An Indian company engaged in a sector/activity prohibited for FDI (foreign direct investment) is permitted to issue bonus shares to its pre-existing non-resident shareholders provided that the shareholding pattern of the non-resident shareholder does not change pursuant to the issuance of bonus shares," according to the DPIIT's clarification which is inserted in the FDI policy. It added that this clarification is with regard to the permissibility of issuance of bonus shares to existing foreign shareholders by Indian companies engaged in sectors prohibited for FDI. FDI in the country is allowed
Foreign portfolio investors (FPIs), pressured by poor earnings, high valuations and prospects of US tariffs, have pulled more than $28 billion out of Indian stocks
While global funds marked their first weekly purchase of local stocks in 2025 last week, they have been big sellers this year
FPIs have sold Indian shares worth $28 billion between October and March, which has triggered a 13 per cent fall in Nifty 50 from record high levels hit on September 27, 2024
The Indian market is poised to be among the top three growth regions for Danfoss globally, and the company will continue investing Rs 1,000 to Rs 1,200 crore over the next three years to drive localisation, a top official of Danfoss India, a wholly owned subsidiary of the Denmark-based Danfoss Group, said on Tuesday. Currently, the Indian subsidiary has moved into the top six in Danfoss' global rankings, recording strong double-digit growth in 2024, Danfoss India President Ravichandran Purushothaman said in a company statement. On Tuesday, Danfoss announced its financial performance, reporting sales of Euro 9.87 billion, with an operational EBITDA (earnings before interest, taxes, depreciation and amortization) margin of 11.3 per cent. "I am excited about our strong performance in Climate Solutions and Drives, particularly in high-growth markets such as data centers and marine electrification. We have maintained high investment in innovation, driving competitive solutions. I am prou
Traders looking for bargains within Asia are gravitating toward still-cheap Chinese equities, which are in the middle of a bull run sparked by developments in artificial intelligence
Govt plans to bring Jan Vishwas Bill 2.0 to decriminalise over 100 provisions, said FM Sitharaman at a post-Budget webinar on 'Regulatory, Investment and EODB reforms'
PM's US visit comes as foreigners have pulled $21 bn from Indian markets since September end, rupee has hit fresh lows, and the nation's $4.1 trillion stock market is Asia's worst performer in 2025